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Aug 14, 2009
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join us on monday. "squawk on the street" is next. >>> consumer prices were unchanged in july according to the latest government data. without fad and energy prices up .1%. industrial production, factory capacity, university of michigan's consumer index. the fda cleared the new anti-psychotic drug. the company says sales of the drug could exceed $1 billion a yea year. >>> live from the financial capital of the world, that's the outside view. we are right behind that flag. that's where we are. this is "squawk on the street." >> it is friday. >> that flag is right there. >> literally. >> outside that window. good morning, everybody. the open looks like it is going to be flat. plus retail stocks looking brighter. will back to school be better than expected? >> on this friday, just moments ago on "squawk box," mohammed el-erian says the market is on a sugar high. we know how those usually end. it is way ahead of reality. and the question is will investors start to -- will that sentiment feed through? we are
join us on monday. "squawk on the street" is next. >>> consumer prices were unchanged in july according to the latest government data. without fad and energy prices up .1%. industrial production, factory capacity, university of michigan's consumer index. the fda cleared the new anti-psychotic drug. the company says sales of the drug could exceed $1 billion a yea year. >>> live from the financial capital of the world, that's the outside view. we are right behind that...
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Aug 18, 2009
08/09
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thanks for joining us. nick, back to school certainly one of the big issues here, one of the more important times of the year for the retail sector. what are you expecting going back into school and do you think the rally in retail is justified? >> i think it's going to be a sluggish back to school year. i think the market is ahead of itself in retail. and we need to have a little bit of a correction here. i just think people are going to continue to be a little bit cautious and you know, for that reason, i'm kind of playing for a little bit much a near-term correction. >> do you agree with that, eric? >> yeah, i think we would expect the consumer to reengage like they were in the 2006 seven era are going to be disappointed. what we're hearing from retailers so far is positive news on the back to school front. you know, there is a big move in consumer discretionary stocks, retail in particular. if we do see an economic recovery, there's probably more room to go in those stocks. >> what do you want to do? do
thanks for joining us. nick, back to school certainly one of the big issues here, one of the more important times of the year for the retail sector. what are you expecting going back into school and do you think the rally in retail is justified? >> i think it's going to be a sluggish back to school year. i think the market is ahead of itself in retail. and we need to have a little bit of a correction here. i just think people are going to continue to be a little bit cautious and you know,...
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Aug 19, 2009
08/09
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announcer: cialis for daily use or 36-hour cialis. ask your doctor if cialis is right for you, so when the moment is right, you can be ready. >>> we have more details about the breaking news we told you just before the break. the deficit will be cut for 2009 by $260 billion to $1.58 trillion. there's a reason for that. apparently, they have scrapped contingency plans to provide hundreds of billions of dollars in additional aid to the financial industry. once again, the deficit is going to be reduced in 2009 to only $1.58 trillion that is a reduction of $262 billion less than what they had forecast in may. the reason is they are scrapping contingency plans to provide hundreds of billions of dollars in additional aid to the financial industry. let's talk more about this to our two guests we have standing by for health care debate. mark walsh, founding ceo of air america and the radio show "left jab" and syndicated columnist, jerry bowyer. good to see you. mark, what about you? what about the fact the deficit is going down because we're
announcer: cialis for daily use or 36-hour cialis. ask your doctor if cialis is right for you, so when the moment is right, you can be ready. >>> we have more details about the breaking news we told you just before the break. the deficit will be cut for 2009 by $260 billion to $1.58 trillion. there's a reason for that. apparently, they have scrapped contingency plans to provide hundreds of billions of dollars in additional aid to the financial industry. once again, the deficit is going...
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Aug 17, 2009
08/09
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thanks both of you for joining us. mike, i will go rate to you. what is going on here? >> as you know, businesses large and small are hurting due to a lack of consumption and although the quarterly profits have been positive as of recently it is mostly dawe to cost cutting. the largest part of that cost cutting has been job reduction. unemployed people don't buy things, people that are worried about being unemployed don't buy things and we expect that that's going to continue and it is really going to be hard for companies to continue to cost cut any further. >> hey, bob, the story that mike just told is not a new story, saying that for the past month or two. seems like it hasn't made a difference in the market before that. the market has really in spite of sentiment. what's changed? >> i think the news has been that we are due for a conal is days of the market, that everything is overbought. i think that is all that we are seeing right now, in a conal is days phase. the overall trend is up and i think it is very healt
thanks both of you for joining us. mike, i will go rate to you. what is going on here? >> as you know, businesses large and small are hurting due to a lack of consumption and although the quarterly profits have been positive as of recently it is mostly dawe to cost cutting. the largest part of that cost cutting has been job reduction. unemployed people don't buy things, people that are worried about being unemployed don't buy things and we expect that that's going to continue and it is...
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Aug 26, 2009
08/09
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tell us about it. why -- the sponsorship with barclays, your relationship with bob. >> well, maria, first of all, back to liberty national, you're looking at two members here. so we're biased. we love this golf course. it's a 15-minute ferry ride from manhattan. and it's so nice for us to be able to come here and stay in manhattan. and as far as my golf game, i'm trying to get it sharp here because we start our big stretch here with the playoff right here at the barclays. i've been lucky to have a relationship with barclays the last few years, and this event right here is one of the premier events that we have on the pga tour, and i'm proud to be part of it. >> so phil, how do you prepare for this? this is a big event for you, i know. >> yeah, well, we practice hard. i had last week off and went and saw butch harmon in las vegas, who's my swing instructor, and tried to get my golf swing down because ball strikingwise this is one of the most demanding golf courses that we play on tour, yet it's one of t
tell us about it. why -- the sponsorship with barclays, your relationship with bob. >> well, maria, first of all, back to liberty national, you're looking at two members here. so we're biased. we love this golf course. it's a 15-minute ferry ride from manhattan. and it's so nice for us to be able to come here and stay in manhattan. and as far as my golf game, i'm trying to get it sharp here because we start our big stretch here with the playoff right here at the barclays. i've been lucky...
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Aug 19, 2009
08/09
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compare with us -- for us, rather, the recovery in europe versus asia. >> sure. well, the u.s. has a more flexible structure per job, so we've been able to cut costs. that's where all of the q2 surprises have come from. the top line's been very anemic where as in europe you obviously have a much more difficult time in terms of cutting costs and therefore the growth, the earnings growth isn't quite so high. but on the other hand, you're getting two p/e points less that you have to pay for european equities. so it's more or less in the price, and there's no difference between the u.s. and europe right now in my mind as a process peck for equity markets. >> so let's say hypothetically speaking that we are seeing actually the recession over around the world and we are looking forward to growth. what kind of a recovery do you expect? that i guess is the question of the day, doug. >> well, there are two places that we like a lot, where we think there's a pretty strong recovery. first is south korea. and the second is brazil. in both cases you've had significant stimulus but then when
compare with us -- for us, rather, the recovery in europe versus asia. >> sure. well, the u.s. has a more flexible structure per job, so we've been able to cut costs. that's where all of the q2 surprises have come from. the top line's been very anemic where as in europe you obviously have a much more difficult time in terms of cutting costs and therefore the growth, the earnings growth isn't quite so high. but on the other hand, you're getting two p/e points less that you have to pay for...
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Aug 24, 2009
08/09
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hedge using the vix. and i think to a certain extent that sort of narrows the volatility back down. doesn't necessarily mean it has to go down. but it means the oscillations, the movements are a little smaller generally. >> but that's a good point, jon. it's not just that you can trade the vix, it's that options trading itself has exploded in the last several years. so when you get much, much more liquidity, you get more efficient pricing, do you not? it might not be impacting how the vix is trading. >> exactly. the reason we got to those xleem levels, bob, back in november of last year or march of this year was that light of the big firms that frankly were on the other sides of the trarksds the natural risk takers, were taken out of the markets themselves, either because their hedge fund blew up, their firm was limiting the amount of risk they could take and so forth. now with a lot of those firms back in the market there's, like you say, a more efficient market on both sides, bidding and offering. >> i
hedge using the vix. and i think to a certain extent that sort of narrows the volatility back down. doesn't necessarily mean it has to go down. but it means the oscillations, the movements are a little smaller generally. >> but that's a good point, jon. it's not just that you can trade the vix, it's that options trading itself has exploded in the last several years. so when you get much, much more liquidity, you get more efficient pricing, do you not? it might not be impacting how the vix...
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Aug 14, 2009
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epin, you're saying with us. still to come after posting solid profits in the secretary quarter, banks are pick up recruitment. who is hiring? we're going to tell you in just a moment. >>> welcome back to "worldwide exchange." u.s. treasury secretary tim geithner says the government won't allow wall street to return to its old habits. in an interview with the wall street journal, geithner pushes back against criticism that companies that are profitable again are returning to business as usual. he says the weakest parts of the financial system don't exist any more. geithner says banks have significantly reduced their balance sheets and are running with much less leverage. he says president obama's financial reform plan is on track, predicting congress will give the white house most of what it wants. speaking of the white house, the obama administering is planning to charge big banks higher fees to pay for tighter regulation. reports say banks with at least $10 billion in assets would pay more while community banks
epin, you're saying with us. still to come after posting solid profits in the secretary quarter, banks are pick up recruitment. who is hiring? we're going to tell you in just a moment. >>> welcome back to "worldwide exchange." u.s. treasury secretary tim geithner says the government won't allow wall street to return to its old habits. in an interview with the wall street journal, geithner pushes back against criticism that companies that are profitable again are returning to...
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Aug 17, 2009
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thank you for joining us. is this the end of the secret swiss bank accounts some. >> it's the end of swiss bankingy is creaty with the irs and tax authorities. i don't think anybody with have an expectation that they can hide money from their tax regime. >> what about the choices, scott, that some of these people have to make. it's certainly either way a big risk to these people that are facing huge fines or roll the dice and hope that they are not part of the first lot of names to be released. what are you counseling your clients? >> they had a voluntary disclosure in place for decades. the deal on the table is a special version of that deal. it may not be the best you would hope for, but the best anybody will get from the internal revenue in the middle of this issue. we are counseling our clients that if they get to the irs before the irs gets to them and their accounts hold legal funds, funds that are not dekrif rifed from criminal activity, they are candidates for disclosure and they go through the intake
thank you for joining us. is this the end of the secret swiss bank accounts some. >> it's the end of swiss bankingy is creaty with the irs and tax authorities. i don't think anybody with have an expectation that they can hide money from their tax regime. >> what about the choices, scott, that some of these people have to make. it's certainly either way a big risk to these people that are facing huge fines or roll the dice and hope that they are not part of the first lot of names to...
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Aug 14, 2009
08/09
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thanks for joining us, eric. thanks, darren, as well. >>> coming up, a possible double whammy for our nation's big banks. the obama administration is considering having the banks pay themselves for financial oversight. we have new details and why it could mean you having to pay higher bank fees. all coming up in today's "call of the wild." and just when you thought bernie madoff couldn't get anymore scandalous. another bombshell. from ponzi scheme to love triangle. the new details coming up here on "the call."o love, love, love. d#: 1-800-345-0 tdd#: 1-800-345-2550 i want everything right where i can find it. tdd#: 1-800-345-2550 anything that makes trading easier. tdd#: 1-800-345-2550 i want to be right in the middle of the action-- tdd#: 1-800-345-2550 you know-- i have to see what's going on. tdd#: 1-800-345-2550 and when i pull the trigger... tdd#: 1-800-345-2550 ...i've got to get the best price out there. tdd#: 1-800-345-2550 (announcer) try the new schwab.com tdd#: 1-800-345-2550 for yourself. tdd#: 1-800-
thanks for joining us, eric. thanks, darren, as well. >>> coming up, a possible double whammy for our nation's big banks. the obama administration is considering having the banks pay themselves for financial oversight. we have new details and why it could mean you having to pay higher bank fees. all coming up in today's "call of the wild." and just when you thought bernie madoff couldn't get anymore scandalous. another bombshell. from ponzi scheme to love triangle. the new...
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Aug 18, 2009
08/09
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e-mail us worldwide@cnbc.com. uk ♪ singer:wanted to get myself a new cell phone ♪ ♪ so i could hear myself as a ringtone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report dot com! ♪ that's where i shoulda gone! coulda got my knowledge on! ♪ ♪ vo: free credit score and report with enrollment in triple advantage. >>> welcome back to the show. we are going to take a quick look around the global equity markets now to give you an impression of what's going on after the big sell-off that we saw yesterday. starting off in the uk, to check on what's going on with the ftse 100, hire by about 0.6%. we are adding about 31, 32 poichts or so today. let's take a look at some of the movers. while i tell you whats been happening until the economic data, we had cpi earlier which shows prices are remaining sticky. but not by as much as has
e-mail us worldwide@cnbc.com. uk ♪ singer:wanted to get myself a new cell phone ♪ ♪ so i could hear myself as a ringtone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report dot com! ♪ that's where i shoulda gone! coulda got my knowledge on! ♪ ♪ vo: free credit score and report with enrollment in triple...
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Aug 21, 2009
08/09
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we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire. >>> welcome back to "squawk on the street." welcome back to "squawk on the street." i'm mary thompson with your realtime flash. looking at key retailers. pacific sun wear is down after reporting a second quarter loss. weak same-store sales is a contributing factor. the firm is expecting the losses to continue into the third quarter. different story for zoomy, up 14%. like rival pacific sunwear lost money in the last quarter but the loss is narrower. speaking with the retailing theme, sports is down 8%. the economy's second quarter earnings 4 cents a share lowered the full-year profit outlook. scan source is up 11% after bar code readers reported a 14% decline in earnings less than expected. the company also provided revenue guidance for the first quarter that's ahead of analyst estimates. lastly, salesforce.com supposed 14%. software firm second quarter profits more t
we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire. >>> welcome back to "squawk on the street." welcome back to "squawk on the street." i'm mary thompson with your realtime flash. looking at key retailers. pacific sun wear is down after reporting a second quarter loss. weak same-store sales is a contributing factor. the...
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Aug 10, 2009
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becky is with us to tell us what's up. hey, becky. >> good morning. the market's moving on friday's jobs reports to focus on the fed. we've got the lineup ready to keep the investors ahead the t of the sufb. plus, a trio of heavyweights. mike designhart, and a hedge fund manager. we'll find out about the market in terms of opportunities. we'll have them on for an hour. then from free journalists to northa to clean energy. with former white house chief of staff under president clinton, part of the delegation that helped free the two journalists last week. plus the oracle's getting his groove back. squawk box at the top of the hour. >>> ross, have you ever heard of cars for kids? >> cars for kids? no. >> you never heard of that?? >> no. >> it's a charity. i'm very sure that bertha's heard of that. in fact, i bet she's heard of the theme song. 1-877-cars for kids. >> i admit, i did leave her a voice mail with an obnoxious song. it's nice. >> playing songs in my ear. bertha, i owe you. she's been going at me all week long. >> if we're up early, i might as
becky is with us to tell us what's up. hey, becky. >> good morning. the market's moving on friday's jobs reports to focus on the fed. we've got the lineup ready to keep the investors ahead the t of the sufb. plus, a trio of heavyweights. mike designhart, and a hedge fund manager. we'll find out about the market in terms of opportunities. we'll have them on for an hour. then from free journalists to northa to clean energy. with former white house chief of staff under president clinton,...
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Aug 13, 2009
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you're going to stay with us. bob mckee, chief economist, independent strategy. >>> in other news, we're going to be looking at whether walmart can continue to win new budgetwise customers here in the u.s. and elsewhere. that's coming up after the break. we'll do a preview of the retail giant's second quarter results. >>> welcome back to "worldwide exchange." walmart reports second quarter earnings. they are due out about 7:00 a.m. new york time. the retailer is forecast to earn about 86 cents a share. that would match year ago rultsd. analysts will account for falling food prices and tough comps last year whether consumer spending was boosted by tax rebate checks. wag mart is benefiting from bargain hunting shopper wes we believe. the stock, though, not benefiting from investors. july retail sales are due out at 8:30 a.m. new york time. forecast to have risen by 0.8%. take out autos, sales are expected to have risen ju just 0.1%. eric beater is the senior viewpoint and retail analyst at breen, murray and karat. t
you're going to stay with us. bob mckee, chief economist, independent strategy. >>> in other news, we're going to be looking at whether walmart can continue to win new budgetwise customers here in the u.s. and elsewhere. that's coming up after the break. we'll do a preview of the retail giant's second quarter results. >>> welcome back to "worldwide exchange." walmart reports second quarter earnings. they are due out about 7:00 a.m. new york time. the retailer is...
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Aug 28, 2009
08/09
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with us. larry hatheway from ubs. >>> we'll head to tokyo and check in on the trading day there with ken moriyasu. moriyasu-san. >> hi, christine. on the last day of trading before the crucial election on sunday, tokyo stocks repointed to close at 10,534. the july unemployment rate, which reached a record high did not have too much of a negative effect. casio computer climbed 8.5% on reports that casio, hitachi and nec may integrate their bess. nippon airways closed by 2% after suggesting that its dreamliner would make its inaugural seconder by year in. the nikkei has learned that credit default swaps be transferred through clearing houses in an effort to suggest transparency. such clearing houses are now being planned by the tokyo stock exchange. the g. 20 finance ministers and central bankers are expected to cover changes when they meet next month. that was the nikkei business report. back to you, christine. >> moriyasu-san, thank you for that. ken moriyasu from the nikkei. >> coming up afte
with us. larry hatheway from ubs. >>> we'll head to tokyo and check in on the trading day there with ken moriyasu. moriyasu-san. >> hi, christine. on the last day of trading before the crucial election on sunday, tokyo stocks repointed to close at 10,534. the july unemployment rate, which reached a record high did not have too much of a negative effect. casio computer climbed 8.5% on reports that casio, hitachi and nec may integrate their bess. nippon airways closed by 2% after...
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Aug 21, 2009
08/09
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stay with us. carol, when you replaced casual friday with nordic tuesday, was it really for fun, or to save money on heat? why? don't you think nordic tuesday is fun? oh no, it's fun... you know, if you are trying to cut costs, fedex can help. we've got express options, fast ground and freight service-- you can save money and keep the heat on. great idea. that is a great idea. well, if nordic tuesday wasn't so much fun. (announcer) we understand. you need to save money. fedex >>> welcome back to the show. we are going to get to a roundup of global equities right now. that's a lot of people on one screen, isn't it? we are speaking to carolin, from zurich. in fact, we're going to speak with mannis cranny now to tell us what he thinks is going on on the ftse 100 today. it opened lower, but it seems we have gained a bit of ground now. >> it did, indeed, becky. the china story is clients are a little hesitant. we have an options expiring at 10 past 10 in london, 10 past 11 in europe and there is that sk
stay with us. carol, when you replaced casual friday with nordic tuesday, was it really for fun, or to save money on heat? why? don't you think nordic tuesday is fun? oh no, it's fun... you know, if you are trying to cut costs, fedex can help. we've got express options, fast ground and freight service-- you can save money and keep the heat on. great idea. that is a great idea. well, if nordic tuesday wasn't so much fun. (announcer) we understand. you need to save money. fedex >>>...
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Aug 27, 2009
08/09
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thank you for joining us. a lot of people are saying with these relatively successful auctions of the 2 and the 5 and the 7 is presumed to go that way, as well, this afternoon, that this is a really good sign. what's your take? >> well, of course, it's a good sign. however, you have to keep in mind, it's one of the most liquid markets in the world. so probably a little surprised. on the other hand, when you look for risk in duration plays, you look gore treasuries and longer duration and you buy this risking when you get attractive yields for that. >> but david, we've had two guests on "worldwide exchange" so far, one who said that bond yields remain very low and that's something to keep an eye on. and another one said that it's dangerous, that's his word, dangerous, to be in long-term bonds right now. what do you think? >> well, it depends on the economic outlook. when you expect economic recovery will be risky, that we return to economic growth already to potential economic growth already in the next year, t
thank you for joining us. a lot of people are saying with these relatively successful auctions of the 2 and the 5 and the 7 is presumed to go that way, as well, this afternoon, that this is a really good sign. what's your take? >> well, of course, it's a good sign. however, you have to keep in mind, it's one of the most liquid markets in the world. so probably a little surprised. on the other hand, when you look for risk in duration plays, you look gore treasuries and longer duration and...
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Aug 13, 2009
08/09
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molly wood is with us and our silicon valley chief with us as well. we are talking about the cell phones and talking about the blackberries and the other kinds of pd a's out there. they were to some degree luxury items, but part of everyday living now. >> absolutely. technology and in particular phones and the smart phones and messaging phones are not optional to people anymore. you feel like you have to be in touch all the time. otherwise you are at a disadvantage. >> this is a testament to one of the worst economies since the great depression and you have people willing to spend monothese things that add to everyday that people don't see them as a luxury, but a necessity. >> it's so true. it's want versus need and need visit want. do you need a new mobile phone, probably not. do you want it? cell phone sales globally were down like 6%, but smart phone sales, blackberries and palm pres were up 27%. that's staggering. net books. we all want to be connected on the go. sales are expected to double as far as unis are concerned. clearly if it plugs in and
molly wood is with us and our silicon valley chief with us as well. we are talking about the cell phones and talking about the blackberries and the other kinds of pd a's out there. they were to some degree luxury items, but part of everyday living now. >> absolutely. technology and in particular phones and the smart phones and messaging phones are not optional to people anymore. you feel like you have to be in touch all the time. otherwise you are at a disadvantage. >> this is a...
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Aug 19, 2009
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thank you so much for joining us and for your patience with us this morning. our interview god sidelined by technology, but in some ways, this whole debate about biofueles and moving forward has been sidelined by the world economic crisis. is it still moving forward? i know the u.s. has said they want to invest in alternative energy jobs, but are we seeing investment really flow there? is that stimulus money propping things up? >> at this point in time, we are not seeing a lot of investments in the biofuels area. we have the corn-based biofuel, which is doing well again after a period of consolidation. but nevertheless, we have seen that production of corn-based fuel go up by 17% in the first six months, so it's growing still. there's plenty of capacity in the u.s. for a while pl. so for the next two years, three years, there's capacity enough for continued growth. the really exciting thing, of course, is the advance in biofuels. and with those, we are ready next year so that it will be possible from next year to deploy that technology. and there, of course, t
thank you so much for joining us and for your patience with us this morning. our interview god sidelined by technology, but in some ways, this whole debate about biofueles and moving forward has been sidelined by the world economic crisis. is it still moving forward? i know the u.s. has said they want to invest in alternative energy jobs, but are we seeing investment really flow there? is that stimulus money propping things up? >> at this point in time, we are not seeing a lot of...
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Aug 25, 2009
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stay with us, in fact. tim harris will be staying with us for the entire hour, as well. meantime, tokyo stocks today, what a day it was for the markets there. we sea japanese stocks leadsing ground. ken moriyasu as the details for us. >> as investors sold to lock in profit after a strong rally yesterday. with the general election to take place this sunday, many investors are taking a wait and said approach. they will team up with ko university to develop electric cars. their vehicles are powered by in wheel motors. japan airlines is focused on lucrative business routes. routes to getaways like hawaii and guam will be transferred to either a new company or subsidiary in order to slash operation costs and shrink its workforce. past retailing, the operator of uniclose said it and walt disney have formed a licensing agreement and will sell disney cloedz clothes. the first items will hit shelves in september. that was the nikkei business report for today. back to you, maura. ken, thanks for joining us, ken moriyasu from the nikkei. >> still to come on "worldwide exchange," is
stay with us, in fact. tim harris will be staying with us for the entire hour, as well. meantime, tokyo stocks today, what a day it was for the markets there. we sea japanese stocks leadsing ground. ken moriyasu as the details for us. >> as investors sold to lock in profit after a strong rally yesterday. with the general election to take place this sunday, many investors are taking a wait and said approach. they will team up with ko university to develop electric cars. their vehicles are...
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Aug 17, 2009
08/09
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good to have you with us. when you look at the bombay index, down 3.4%, if stocks continue to fall at this rate, will it hold the economy hostage? >> well, you know, we're probably looking at a market correction of 15 to 20%, which would bring the markets to more saner levels than where we were a few weeks ago. right now in dollar terms, down 9 or 10%. probably another 5 to 10% before we probably would see them putting money back into the market. in terms of the impact on comet, economy, this is natural, healthy market correction. the indian market seems to be taking its leed from shanghai. the rest of the world taking its lead from shanghai. not many people do understand that.. if that's the case, people need an excuse to sell off, and that's why india is selling off today. >> steven pope still with us from canter fitzgerald europe. healthy correction, what are your feelings? >> post the election, the return of a pro business, pro reform style of government coming through. i think we're on the cusp of seeing
good to have you with us. when you look at the bombay index, down 3.4%, if stocks continue to fall at this rate, will it hold the economy hostage? >> well, you know, we're probably looking at a market correction of 15 to 20%, which would bring the markets to more saner levels than where we were a few weeks ago. right now in dollar terms, down 9 or 10%. probably another 5 to 10% before we probably would see them putting money back into the market. in terms of the impact on comet, economy,...
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Aug 13, 2009
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brian shactman also sticking around with us. good to have you with us. let's start with you. so gasoline prices, obviously they lag a little bit. first oil goes up and the refiners to the pump. we're still about $1.20 per gallon below where we were last year. >> we think the consumer is going to have a difficult time supporting $3, $3.50 gasoline. seems almost impossible to us. the fact that oil supply in the united states is near 20-year highs. the consumer is really watching the budget right now. we think that the oil in the $70s right now is over priced. >> erin, one thing you want to think about is demand of construction happens. most likely with the way the economy is the demand construction is at a lower price. we don't have to go to $4 to get that. the other thing you have to think about is the they're refining less. there's not as much gas being made. there's so much supply but the refining less so there's less coming to market. >> part of the reason the oil is going up is because of the u.s. demand. we get to this issue, it's china. maybe a lot of that is stockpiling
brian shactman also sticking around with us. good to have you with us. let's start with you. so gasoline prices, obviously they lag a little bit. first oil goes up and the refiners to the pump. we're still about $1.20 per gallon below where we were last year. >> we think the consumer is going to have a difficult time supporting $3, $3.50 gasoline. seems almost impossible to us. the fact that oil supply in the united states is near 20-year highs. the consumer is really watching the budget...
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Aug 17, 2009
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do you want us to renege on our contract? who will trust us? if you want us to do united states, we're not going to. people are outraged, but the real issue comes down to contract law. who will take your word if you blow up the contracts you've already signed? >> we went through the mill with the capital structure trying to finance the automakers. contracts matter in this country. >>> we are watching the global markets closely. dow futures down more than 150 points. we've had a slow start but hurricane season is also here. the storms oil traders are watching next. the first official hurricane in the news. first, last week's winners and losers. tdd#: 1-800-345-2550 if i'm breathing, i'm thinking about trading. tdd#: 1-800-345-2550 i always have my eye out for a stock on the move. tdd#: 1-800-345-2550 doesn't matter if a company sells computer chips tdd#: 1-800-345-2550 or, i don't know, fish and chips. tdd#: 1-800-345-2550 i'll look at all kinds of stocks before i settle on one. tdd#: 1-800-345-2550 if i think i'm onto something i'll check it ou
do you want us to renege on our contract? who will trust us? if you want us to do united states, we're not going to. people are outraged, but the real issue comes down to contract law. who will take your word if you blow up the contracts you've already signed? >> we went through the mill with the capital structure trying to finance the automakers. contracts matter in this country. >>> we are watching the global markets closely. dow futures down more than 150 points. we've had a...
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Aug 14, 2009
08/09
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joining us is james lockhart. it's great to see you on set. >> great to see you. >> you'lling leaving your post. why did you decide to step down? >> i've been at it for -- this post for about three years. and social security for 4 1/2 before that. i've been in the government for 7 1/2 years so it's about time to leave. >> you're going back to the finance world? >> i hope so. we're starting to see signs of stabilization in the mortgage market. i couldn't leave during an administration change but it's time to go. >> i couldn't imagine a more stressful climate to live the past two years. >> we continue to watch foreclosure rates climb. what do you see? >> when i see signs of stabilization, things like housing prices are starting to stabilize. serious delinquencies and foreclosures will continue to rise for a while. if we can get this affordable home program work more effectively, we'll see more stabilization. >> you've refinanced about 1.9 million mortgage loans? >> so far this year about 2.9, but in the last four mo
joining us is james lockhart. it's great to see you on set. >> great to see you. >> you'lling leaving your post. why did you decide to step down? >> i've been at it for -- this post for about three years. and social security for 4 1/2 before that. i've been in the government for 7 1/2 years so it's about time to leave. >> you're going back to the finance world? >> i hope so. we're starting to see signs of stabilization in the mortgage market. i couldn't leave...
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Aug 7, 2009
08/09
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that's it for us. make sure you join us on monday. "squawk on the street" is next. >>> this is cnbc.com news now. >> stock of rebounding after a better than expected jobs report. the economy lost 247,000 nonfarm jobs. the unemployment rate fell to 9.4%. aig shares poised to add nearly 75% gain over the past two days after quarterly earnings came in well above estimate. retailer target will build and manage target.com remember site on its own in 2011. it currently has a website partnership with amazon.com. that's cnbc.com news now. i'm courtney reagan. >>> live from the financial capital of the world, this is "squawk on the street." good morning, everybody. i'm mark haines. stocks going to pop at the open. the monthly jobs report, as you've been hearing, better than expected. it is the 19th straight month of job losses, but the smallest loss in any month since last august. >> and good morning, everybody. i'm erin burnett. the numbers, let's gate straight to them. employers cut 247,000 jobs in july. that is based on a survey of employer
that's it for us. make sure you join us on monday. "squawk on the street" is next. >>> this is cnbc.com news now. >> stock of rebounding after a better than expected jobs report. the economy lost 247,000 nonfarm jobs. the unemployment rate fell to 9.4%. aig shares poised to add nearly 75% gain over the past two days after quarterly earnings came in well above estimate. retailer target will build and manage target.com remember site on its own in 2011. it currently has a...
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Aug 13, 2009
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you should take us out and give us a couple of lessons, right? >> we could -- >> yeah. >> i seriously wish i knew how to play golf. >> do you know what golf stands for? >> gentlemen only ladies forbidden. >> no, i would not fever say th >> i learn that from you. >> that's awful. strike that from the record. >> i learn that from you. what does it stand for? >> how many town halls can we watch where the death panels get all the attention, right? it's actually this provision in one of the house bills where medicare would be authorized to reimburse doctors who counsel patient on end of life if, in fact, the patients want it. it's been inflated to mean a lot more than that. it does point to american's fear about government, involved. the journal has a piece, why is this in there any way? it's a third of spending. the hope is if this were in place you wouldn't be doing the wasteful spending in the last year of life. >> it's impossible to talk about it. rum rahm emanuel has at least rac raised the issue, you have someone with dementia than someone very
you should take us out and give us a couple of lessons, right? >> we could -- >> yeah. >> i seriously wish i knew how to play golf. >> do you know what golf stands for? >> gentlemen only ladies forbidden. >> no, i would not fever say th >> i learn that from you. >> that's awful. strike that from the record. >> i learn that from you. what does it stand for? >> how many town halls can we watch where the death panels get all the...
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Aug 21, 2009
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. >> lucky us. it's great to see pup. >> cute cue r girl. >> former secretary tom ridge says he resisted the apparent effort to influence the vote to raise the terror alert level and then attorney general john ashcroft. >>> after serving just eight years of a life sentence for the death of 50 passengers for the bombing of pan am fly, abdul was released. this has triggered outrage among the bombings killed at lockerbie, scotland. >>> brad pitt teams up in a movie that follows a squad of eight violently vengful jewish american soldiers in nazi occupied france. >>> you know what i'm having fufun doing today, carl? inglorious -- >> it's the little things. >> and alex, the good things about getting up early is you can say it a whole bunch of time and nobody can say anything. >> believe me, i happen, i'm going to get it. >> good morning, good to see you. >> bye, you too, guys. >>> when we come back, we'll treat mike holland for a trip to the chairs. later, the pulse of the american consume perpendicular w
. >> lucky us. it's great to see pup. >> cute cue r girl. >> former secretary tom ridge says he resisted the apparent effort to influence the vote to raise the terror alert level and then attorney general john ashcroft. >>> after serving just eight years of a life sentence for the death of 50 passengers for the bombing of pan am fly, abdul was released. this has triggered outrage among the bombings killed at lockerbie, scotland. >>> brad pitt teams up in a...
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Aug 17, 2009
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led the way, led the fight in bringing that increased benefits to us. and what it does is it pays for the highest in state tuition in your state. it pays for a living in your area and pays up to $1,000 a year for books. and this is a big amount above what we were getting and what i was getting when i got out of the army in 2006. and i think it'll go a long way in easing the transition from combat into the civilian world. >> and tammy, one of the things you mentioned is the current bill, it covers you for 36 months, you're saying if it would be for 48, you could, you know, complete a four-year degree in a time frame that's not as difficult, you say that right now some people are trying to cram in a bunch of credits. >> exactly. under the current program, a lot of four-year universities to complete a bachelors is more than 120 credits, and to be able to complete a bachelors degree in three years while transitioning to sy scivilian l it's challenging and people are taking on anywhere from 18 to 24 credits per semester trying to finish in the time allotted
led the way, led the fight in bringing that increased benefits to us. and what it does is it pays for the highest in state tuition in your state. it pays for a living in your area and pays up to $1,000 a year for books. and this is a big amount above what we were getting and what i was getting when i got out of the army in 2006. and i think it'll go a long way in easing the transition from combat into the civilian world. >> and tammy, one of the things you mentioned is the current bill,...
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customers that use the internet, use online banking. it all kind of falls in with what you're doing, and it's free. you can pay all your bills online, customers can save tons of time. we have great new image atms. it will give you a receipt which has a copy of the check you deposited. deposit cash, any denomination you don't even have to count the cash, just put it in there. let it do the work for you. and they can have those deposits posted to their account the same business day up until 8 o'clock. you're in control of your finances. now when you talk about convenience, you measure us up to everyone else. well, you'll see we stand ahead of the curve. >>> there's a reason for that music. there is a reason. well, the reason for the season. it gives you an idea of what's happening around the country. case in point, some of of the big events you may want to consider. today marks the beginning of elvis week in memphis, tennessee. >> if you've never been to graceland, you're not an american. >> wow, good thing i've been there. quite a statem
customers that use the internet, use online banking. it all kind of falls in with what you're doing, and it's free. you can pay all your bills online, customers can save tons of time. we have great new image atms. it will give you a receipt which has a copy of the check you deposited. deposit cash, any denomination you don't even have to count the cash, just put it in there. let it do the work for you. and they can have those deposits posted to their account the same business day up until 8...
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why is it such a special day for us? because for so many years latina women are projected in ways, usually a sexual or emotional being. women who have no mind, and that's what sonia sotomayor does not represent. it's another aspect of ourselves. we are special, beautiful women. we are also brilliant and sharp and able to achieve the highest. >> reporter: what kind of a role model do you think sonia sotomayor will be for you and for other women possibly? >> i think she'll be a great role model. it inspires me. i can see myself there as well. i want to be a boilgs. i know if she can get all the way up there, i can totally reach my goal. a great role model. >> reporter: thank you very much. i'm going to swing in this direction to talk to myra. tell me why else you have -- >> i'm sorry. >> tell me why you admire her? >> i admire a woman who followed her dream, but first and foremost, i admire the woman who -- is reaching her dream as a mother. this is a single puerto rican parent who raise two wonderful children. one is a do
why is it such a special day for us? because for so many years latina women are projected in ways, usually a sexual or emotional being. women who have no mind, and that's what sonia sotomayor does not represent. it's another aspect of ourselves. we are special, beautiful women. we are also brilliant and sharp and able to achieve the highest. >> reporter: what kind of a role model do you think sonia sotomayor will be for you and for other women possibly? >> i think she'll be a great...
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stay with us. >> let's listen in with what is going on with the confirmation proceedings of sonia sotomayor. the vote is on. they are wrapping up the vote. let's pick that up, raj. >> mr. bitter? no. mr. voinovich, aye. mr. warner, aye. mr. web? mr. webb, aye. mr. white house, aye. mr. wicker, no. mr. widen, aye. mr. bennett of utah, no. mr. bye, no. mrs. hutchinson, no. mr. inhauf, no. mr. beckett, aye. >> there is that famous up or down vote that we had told you or that the republicans had promised sonia sotomayor. you are hearing it now. we are staying with it for a few moments to see if they have an actual confirmation. that's file video you are looking at on the right of sonia sotomayor. by all indications, she will be confirmed. what we are looking for here is -- what's the vote up to andy? tell me that number. have they passed 60. i'm being told by my executive producer while we are doing that segment, she was, in fact, all but confirmed. they have passed the magic number of 60. it would be
stay with us. >> let's listen in with what is going on with the confirmation proceedings of sonia sotomayor. the vote is on. they are wrapping up the vote. let's pick that up, raj. >> mr. bitter? no. mr. voinovich, aye. mr. warner, aye. mr. web? mr. webb, aye. mr. white house, aye. mr. wicker, no. mr. widen, aye. mr. bennett of utah, no. mr. bye, no. mrs. hutchinson, no. mr. inhauf, no. mr. beckett, aye. >> there is that famous up or down vote that we had told you or that the...
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Aug 30, 2009
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we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire. upbeat rock ♪ so i could hear myself myseas a ringtone ♪hone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report dot com! ♪ that's where i shoulda gone! coulda got my knowledge on! ♪ ♪ vo: free credit score and report with enrollment in triple advantage. there's no way to hide it. sir, have you been drinking tonight? if you ride drunk, you will get caught... and you will get arrested. >> senator, there is obviously a great price one has to pay these days for political life. that some have to pay. your brother john thought the price worth paying. so obviously did your brother bobby and so do you, it seems. but when you talk to your own two sons and to your nephews, do you encourage
we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire. upbeat rock ♪ so i could hear myself myseas a ringtone ♪hone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report...
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Aug 31, 2009
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thank you for joining us. ted kennedy was an american legendment while his last name garnered him attention. his ka rirn the senate allowed him to carve his own legacy. the youngest of nine children he outlived all three of his brothers, joe jr., jack, bobby, he entered the senate in 1962 and over the decades emerged as an influential and iconic figure in the democratic party. i had the privilege of interviewing senator kennedy several times. we often talked about his family legacy and world famous last name. what is it like to be a kennedy, to be a ted kennedy? i mean, you drive around and it is the kennedy center, and then there is the kennedy, and it can never leave you, it can't leave you? and you live and you work here? what is that like? >> well i think the first impression that i have always had is how fortunate i've been to have grown up in a family and been able to learn what i tried to learn and continue to learn, but most of all learned what i did from wonderful parents and great brothers and sister
thank you for joining us. ted kennedy was an american legendment while his last name garnered him attention. his ka rirn the senate allowed him to carve his own legacy. the youngest of nine children he outlived all three of his brothers, joe jr., jack, bobby, he entered the senate in 1962 and over the decades emerged as an influential and iconic figure in the democratic party. i had the privilege of interviewing senator kennedy several times. we often talked about his family legacy and world...
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Aug 16, 2009
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for the rest of us who are used to being out in these waters it's about what you'd expect. has moved already to our west, to alabama. you can see past the pier, the dark storm clouds, that's really all we've seen. it's just the clouds and the wind that's gone with it. we've not seen any rain. we've seen a little lightning to our north as the storm front moved through. we've not really seen a lot of things to make people -- i've spoken to people throughout the day. when they first heard a tropical storm was moving into the region, there was concern about how safe they'd be throughout the day today, but it turns out here in west florida, it's been pretty good. later this evening, we'll head east towards the destin area. look how it's doing there, see if we can see storm surge there in that area. that's the latest from pensacola, florida. for cnn, reporting live, back to you. >>> let's go east of pensacola, to the vacation getaway destination destin, florida. the mayor, craig barker, join us on the phone for an update. how's it looking where you are? >> it's actually not been
for the rest of us who are used to being out in these waters it's about what you'd expect. has moved already to our west, to alabama. you can see past the pier, the dark storm clouds, that's really all we've seen. it's just the clouds and the wind that's gone with it. we've not seen any rain. we've seen a little lightning to our north as the storm front moved through. we've not really seen a lot of things to make people -- i've spoken to people throughout the day. when they first heard a...
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i used to be secretary. i'm not now secretary. >> larry: did you consult with previous secretaries when you were secretary? >> yes. >> larry: is that the norm, though? >> yeah, in fact, we all had a dinner about a month and a half ago here in washington at secretary albright's house honoring clinton. >> larry: what makes a good secretary of state? >> a good secretary of state has to be -- as opposed to other cabinet officers has to have a pretty good grounding in international relations. it's helpful if they have traveled the world and are known throughout the world. but in terms of actually running the department and being an adviser to the president, it's the same as any other cabinet officer. intelligence, dedication to the mission, loyalty to the president, and you also have to take care of -- as i like to say from my military experience, the troops entrusted to your care, the employees, the career bureaucracy who get things done. >> larry: is it hard when you disagree with your president? >> you don't l
i used to be secretary. i'm not now secretary. >> larry: did you consult with previous secretaries when you were secretary? >> yes. >> larry: is that the norm, though? >> yeah, in fact, we all had a dinner about a month and a half ago here in washington at secretary albright's house honoring clinton. >> larry: what makes a good secretary of state? >> a good secretary of state has to be -- as opposed to other cabinet officers has to have a pretty good...
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they're not going to use these weapons. there are not enough of them for them to seriously think about it. they live in a rather odd, bizarre system as we know. some people call the system crazy. i'm telling you, larry, they're not crazy. they're some of the best, toughest negotiators i have ever dealt with. read the whole history of our negotiations with north korea going back to the korea armistice discussions. you will find they know what their positions are. they will drive you crazy and use your impatience against you. let's call them outrageous, crazy as a regime, but they're good, tough negotiators. >> larry: how do you think secretary clinton is dealing with them? >> she's dealing with it properly. she's sticking with the six-party framework. you always find a situation with the north koreans where if you say something to them that is, perhaps, not as diplomatic as you might say something, they'll respond in kind. they almost love it. >> larry: what do they want? >> they want survival of their system and their regim
they're not going to use these weapons. there are not enough of them for them to seriously think about it. they live in a rather odd, bizarre system as we know. some people call the system crazy. i'm telling you, larry, they're not crazy. they're some of the best, toughest negotiators i have ever dealt with. read the whole history of our negotiations with north korea going back to the korea armistice discussions. you will find they know what their positions are. they will drive you crazy and...
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he is joining us from los angeles. chris? >> reporter: frederica about a month ago, an iraqi citizen came forward and told the u.s. military about the possible location of captain speicher's grave. and it was in an area very close to where the military had found pieces of his shattered airplane way back in 1993. now the marines went to that part of the desert where another iraqi citizen told them he remembered an american jet crashing and told them he was there when the bedouins found captain speicher's body near the crash site and buried him there. so the u.s. military went out to that site and it took several days over the past week, but they did find captain speicher's remains. they found bone fragments, skeletal fragments, multiple skeletal flagments, actually. and then those were flown to dover air force base where the military medical examiner was able to match his jaw bone with captain speicher's accidental records and that's how they confirmed his positive identification. the family spokesman tells us just a few minut
he is joining us from los angeles. chris? >> reporter: frederica about a month ago, an iraqi citizen came forward and told the u.s. military about the possible location of captain speicher's grave. and it was in an area very close to where the military had found pieces of his shattered airplane way back in 1993. now the marines went to that part of the desert where another iraqi citizen told them he remembered an american jet crashing and told them he was there when the bedouins found...
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stay with us. we will be light back. >>> a lot of tweets coming in on the story we have just shared with you. let's get a couple of these. i knew when reported this gym killer had a problem with women. it probably began with his relationship with his mother. boy, that seems to be the case. another instance of violence against women, sadly, these women weren't given a chance to survive. >> no, they weren't. by the way, we expect there might be some updates on that story. stay with us. we'll be taking you back to pittsburgh from time to time to bring you up to date. >>> the meanwhile, the border of china and korea, laura ling and producer, euna lee, arrive home. this is where i have decided to shut up. roger, roll it. >> proving once again there are stories for which words just get in the way. the families of both women credit former president, bill clinton, and his one-day trip to north korea for securing their release. listen to what laura ling said today recalling the moment she and euna lee reali
stay with us. we will be light back. >>> a lot of tweets coming in on the story we have just shared with you. let's get a couple of these. i knew when reported this gym killer had a problem with women. it probably began with his relationship with his mother. boy, that seems to be the case. another instance of violence against women, sadly, these women weren't given a chance to survive. >> no, they weren't. by the way, we expect there might be some updates on that story. stay with...
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Aug 15, 2009
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and they talk to us and tell us their stories. sometimes because we have a camera there. some times we are just standing there. we get great stories from people because we go to them. >> this makes the electric car feasible. >> it is not about people setting up to tell their story. it's about us showing up and asking them to tell their story. >> you live in this town. you see the businesses people who live here. what is your thought on that? >> what it is going to do is equip me to go back now and really start to work on the questions that people have been asking me. the questions that they haven't had answered. >> i'm going to go out there and i'm going to work on those stories and i'm going to come back to these towns and say did i answer those questions? did i help you understand the issue that is so important to you that you asked about one day. >> ali, knowing what the questions are to know what kind of information to give people about this incredibly important debate. what are people telling you about where we go from here, ali? >> well, people are -- there is hope
and they talk to us and tell us their stories. sometimes because we have a camera there. some times we are just standing there. we get great stories from people because we go to them. >> this makes the electric car feasible. >> it is not about people setting up to tell their story. it's about us showing up and asking them to tell their story. >> you live in this town. you see the businesses people who live here. what is your thought on that? >> what it is going to do is...
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security forces stopped us, ordered us out of the car. they beat my boyfriend severely and put him in jail. he's been there for four months. part of it warnses if you do not end this shameful behavior, your fate will be death. some gay iraqis have even been killed by their own families, ashamed of the stigma surrounding homosexual. he was a hair dresser e, his friend tells us. he was killed by the family after the ira can police threatened to kill him. i even heard they wanted to burn him alive or stone him to death. >> some had their hars hacked off. one shows acid poured on a leg, or a wrist slashed. the ira can government says it condemns the murder or abuse of any of its citizens but has done little else to protect the country's homosexuals. those we spoke to say they're left to defend for themselves. according to human rights watch it is difficult to place an exact number on homosexuals killed. indication is in the hundreds. >>> take a look at these live pictures now from phoenix, a arizona, where the president will be speaking at th
security forces stopped us, ordered us out of the car. they beat my boyfriend severely and put him in jail. he's been there for four months. part of it warnses if you do not end this shameful behavior, your fate will be death. some gay iraqis have even been killed by their own families, ashamed of the stigma surrounding homosexual. he was a hair dresser e, his friend tells us. he was killed by the family after the ira can police threatened to kill him. i even heard they wanted to burn him alive...
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they are trying to punish folks and put pressure on us for us to do things. >> how are you, your colleagues, the governor and the sheriff going to work together? >> we're going reenact some taxes to bring in $70 million. it would only be for a short while. calls for a vote of people in 2012. the county got time to hopefully realize they will have a short fall of funds in five years if it's not voted for. we'll reinstate it immediately and allow them to get the money -- they have $23 million in escrow. get the escrow money as well as get the money from taxation. >> right now about a quarter of all jefferson county employees are on unpaid administrative leave. the special session convaccines late tomorrow afternoon. >> all right. let's get back and talk about fortunate's campaign to make health care reform a reality. paul steinhauser is in washington and we believe his mic is working this time. >> can you hear me >> loud and clear. >> let's talk about the president this week. no doubt health care reform front and center. >> front and center for the president but also for members of congress w
they are trying to punish folks and put pressure on us for us to do things. >> how are you, your colleagues, the governor and the sheriff going to work together? >> we're going reenact some taxes to bring in $70 million. it would only be for a short while. calls for a vote of people in 2012. the county got time to hopefully realize they will have a short fall of funds in five years if it's not voted for. we'll reinstate it immediately and allow them to get the money -- they have $23...
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Aug 13, 2009
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she is joining us live and going to take us through this. miss johnson, thanks for being with us. we appreciate it. >> thank you. >> let's start with what was on the sign, itself? >> it was a sign that had a picture of rosa parks and a historical moment and her freedom to ride on the bus. >> let me stop you. that day, we're just trying to make things correct if they were wrong that day. everything happened so fast. it was breaking news. it was live. we were told it was a poster of barack obama. that's not true? >> that is not. that is incorrect. it was rosa parks. >> were you kicked out of the event after this happened? we saw you being walked out. >> i wasn't being walked out i was dragged out. my feet were barrel touching the floor. >> the guy who -- roger, let's watch the video again. we saw that a man had approached you. proo ir prior to the man approaching you, as far as i can tell, you had a sign. >> yes, i had a poster of rosa parks. >> there is the man in the blue shirt. he takes it off. roger, see if you can get this video a little earlier. what's interesting about that p
she is joining us live and going to take us through this. miss johnson, thanks for being with us. we appreciate it. >> thank you. >> let's start with what was on the sign, itself? >> it was a sign that had a picture of rosa parks and a historical moment and her freedom to ride on the bus. >> let me stop you. that day, we're just trying to make things correct if they were wrong that day. everything happened so fast. it was breaking news. it was live. we were told it was a...
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Aug 26, 2009
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those of us who loved him and who will take him to his rest today, pray that what he was to us and what he wished for others will someday come to pass for all the world. >> there is more, by the way, including raw footage of his brother's funerals and the moment when senator kennedy stood all but alone and gave a speech opposing the iraq war. remember that? also, there is another potential hurricane to tell you about. this storm is growing in the atlantic and most of you along the eastern seaboard will want to see this. also, remember the aftershow. it comes on right at 4:00. cnn.com/live as we continue this special tribute and all the day's news. i'll be right back. sweet! (together) sweet! (announcer) now for the first time, a gram of healthy fiber in every packet. sweet! (announcer) splenda® with fiber. i never thought i would have a heart attack, but i did. you need to talk to your doctor about aspirin. you need to be your own advocate. be sure to talk to your doctor before you begin an aspirin regimen. you take care of your kids, now it's time to take care of yourself. >>> develop
those of us who loved him and who will take him to his rest today, pray that what he was to us and what he wished for others will someday come to pass for all the world. >> there is more, by the way, including raw footage of his brother's funerals and the moment when senator kennedy stood all but alone and gave a speech opposing the iraq war. remember that? also, there is another potential hurricane to tell you about. this storm is growing in the atlantic and most of you along the eastern...
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Aug 17, 2009
08/09
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they need us to do the job. it's very hard to leave someone you live with for what, four or five years. >> say something. please. >> it was emotional back there. >> good to see you. >> i would imagine from my time living there, that one of the things that these guys are going to find different is things aren't exploding every day. is that something you noticed, you don't hear the booms? >> no, just that. a lot of things, booms, gun shots. >> what does he think of america? >> better. >> translator: he says there's no explosions. >> cnn international's michael holmes joins me from our global headquarters in atlanta. i get tears in my eyes. you know, tell our viewers, i only got a second really to touch on what hamdi has done for us, but explain to our viewers how he impacted your ability to tell stories. i mean, stories that a lot of the other guys said nope, can't do it, too dangerous. but hamdi really made a lot happen for us. >> reporter: he did both ways. it is interesting, we were, of course, as you know, the
they need us to do the job. it's very hard to leave someone you live with for what, four or five years. >> say something. please. >> it was emotional back there. >> good to see you. >> i would imagine from my time living there, that one of the things that these guys are going to find different is things aren't exploding every day. is that something you noticed, you don't hear the booms? >> no, just that. a lot of things, booms, gun shots. >> what does he...
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cialis for daily use. so when the moment is right, you can be ready. ( music throughout ) hey bets, can i borrow a quarter? sure, still not dry? i'm trying to shrink them. i lost weight and now some clothes are too big. how did you do it? simple stuff. eating right and i switched to whole grain. whole grain... studies show that people who eat more whole grain tend to have a healthier body weight. multigrain cheerios has five whole grains... and 110 calories per lightly sweetened serving. more grains. less you. multigrain cheerios. i hate my phone. what do i do? ( shouting ) this is crazy. you. let's run a free upgrade check. see if you're due for a new smartphone. don't i need to go to my carrier's store for that? no, you don't have to. we sell phones and plans on all the major networks. ok. well, is time travel possible? yes, i am from the future. announcer: phones, plans, and advice from thousands of people eager to help. good choice. only meineke lets you choose the brake service that's right for you. a
cialis for daily use. so when the moment is right, you can be ready. ( music throughout ) hey bets, can i borrow a quarter? sure, still not dry? i'm trying to shrink them. i lost weight and now some clothes are too big. how did you do it? simple stuff. eating right and i switched to whole grain. whole grain... studies show that people who eat more whole grain tend to have a healthier body weight. multigrain cheerios has five whole grains... and 110 calories per lightly sweetened serving. more...
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robert zimmerman summing it up for us. earl lewis. james toronto. we'll be right back. (pouring rain) i had a great time. me too. you know, i just got out of a bad relatio... it's okay. thanks. goodnight. goodnight. (door crashes in, alarm sounds) get out! (phone rings) hello? this is rick with broadview security. is everything all right? no, my ex-boyfriend just kicked in the front door. i'm sending help right now. thank you. (announcer) brink's home security is now broadview security. call now to install the standard system for just $99. the proven technology of a broadview security system delivers rapid response from highly-trained professionals, 24 hours a day. call now to get the $99 installation, plus a second keypad installed free. and, you could save up to 20% on your homeowner's insurance. call now-- and get the system installed for just $99. broadview security for your home or business - the next generation of brink's home security. call now. >>> i'll have thoughts on the nationwide protest against the president's health care plan, much more on the
robert zimmerman summing it up for us. earl lewis. james toronto. we'll be right back. (pouring rain) i had a great time. me too. you know, i just got out of a bad relatio... it's okay. thanks. goodnight. goodnight. (door crashes in, alarm sounds) get out! (phone rings) hello? this is rick with broadview security. is everything all right? no, my ex-boyfriend just kicked in the front door. i'm sending help right now. thank you. (announcer) brink's home security is now broadview security. call...
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Aug 28, 2009
08/09
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carl joins us live in california this morning. thanks for being with us. i can't imagine what you have been going through in the past couple of days. and i can't imagine what you went through for 18 years before that. how are you coping with this? the fact that you -- i'm sure you lost hope at some point. now she's back. >> i did lose hope. but i'm coping it's over and the last 18 years have been pretty rough, but the last two days have been pretty good. got an ending to this. >> what have the last two days been like for you? >> basically, i've probably done 100 interviews, they've been busy. i haven't happened time to think about anything. i've had four hours' sleep and keep busy, keep doing things and learning more information and things are going good. >> your now ex-wife got the news on this the other day. she met with jacee. what did she tell you that moment was like? >> she said that she just talked to her and asked her questions and that basically jacee told her she had babies and my wife asked her, babies? how many babies? and jacee said two babies
carl joins us live in california this morning. thanks for being with us. i can't imagine what you have been going through in the past couple of days. and i can't imagine what you went through for 18 years before that. how are you coping with this? the fact that you -- i'm sure you lost hope at some point. now she's back. >> i did lose hope. but i'm coping it's over and the last 18 years have been pretty rough, but the last two days have been pretty good. got an ending to this. >>...
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joining us, dr. jeffrey segal, he's founder and ceo of medical justice and alan ripka, a medical malpractice attorney. good to have you both with us. >> thank you. >> in numbers, these show the numbers, medical malpractice claims and insurance premiums make up about 1% of total health care costs but the ama estimates so-called defensive medicine, a direct result of the lawsuits costing us $150 billion. let me start, if i may, with you, dr. segal. what's your reaction? >> my reaction, that number $150 billion may actually be an underestimate. i can tell you that next year, 50,000 doctors will receive a letter stating, hey, look, you've been sued. once you've been sued, that will change the doctor's behavior from then on. what is the cost? the cost is anywhere from $100 billion to $200 billion of unnecessary tests just to keep the doctor from sitting in a witness chair again. that amount of money will allow us to purchase health insurance policy for every american and pay for a policy and some change l
joining us, dr. jeffrey segal, he's founder and ceo of medical justice and alan ripka, a medical malpractice attorney. good to have you both with us. >> thank you. >> in numbers, these show the numbers, medical malpractice claims and insurance premiums make up about 1% of total health care costs but the ama estimates so-called defensive medicine, a direct result of the lawsuits costing us $150 billion. let me start, if i may, with you, dr. segal. what's your reaction? >> my...